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It s the regulated industries who want that. let s just be clear. it is the evaluation of costs and benefits, right, becomes a means, an on stack el for an obstacle for imposing regulations. not so. the obama administration issued regulations. the bush administration actually issued more than 2,000. under the obama administration the net benefits of rules have been over $91 billion and a lot of that is not deregulatory savings for companies. the bulk of it includes lives saved. health benefits. health benefits. so cost benefit analysis helped reagan get rid of lead in gasoline and that s because the health benefits of getting rid of lead in gasoline way outweighed the costs. i m interested that you say reagan s analysis is empirical. does that suggest that he did the analysis before he executed the strategy? because in thatcher s case she did not. it was an ideological absolutely from the outset. the aspiration from the ....